199 W Broadway Paterson, NJ $ 4,250,000
199 W Broadway
$ 4,250,000
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199 W Broadway

Paterson, NJ, 07522
$ 4,250,000
Bedrooms-- Baths--

Monthly Estimate*

$ 26,168

199 W Broadway, Paterson, NJ 07522 - Image 1
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199 W Broadway, Paterson, NJ 07522 - Image 14

Commercial Property for sale in Paterson, NJ

for $4,250,000.

Newly constructed, fully rented mixed-use investment opportunity offering immediate cash flow and long-term upside. This modern building features 12 residential units, including 3 one-bedroom/one-bath apartments and 9 two-bedroom/two-bath apartments, plus 1 ground-level retail space, all currently leased. Each residential unit offers separate heating and cooling systems along with in-unit washer/dryers. Private on-site parking adds strong tenant appeal and long-term value. In addition to the immediate cash flow, the property benefits from time remaining on a 20-year tax abatement. A well-maintained, fully stabilized investment property offering immediate income with the benefit of long-term tax advantages.

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Commercial Active

Price

$ 4,250,000

Property Type

Commercial

Taxes

$ 4,590

Style

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

22603029

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Roof Flat
Garage Spaces 0.0
Security Features Security System Fire Alarm
Construction Materials Aluminum Siding Brick Veneer
Exclusions Nothing
Stories Count 3
Property Subtype Multi Family
Tax Year 2024
Business Type Retail Apartments
County Passaic
New Construction N
Property Type Commercial Sale
Subdivision Name Dakota Park
Garage Y/N N
Status Active
Directions Main Street to West Broadway. Park in lot adjacent to bldg.
City Paterson
Zoning Description Mixed
MLS Area None
Carport Y/N N
Tax Annual Amount 4590.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Paterson (PAT)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 31500
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Exterior Amenities Lighting
Parking Features On Site
Water Source Public
Total Parking 8.0
Spa N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Tile Wood
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
Heating-Forced Air True
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Internal Only
Street Number 1 199
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* Excluded Features
List By
Michael John DeBlasio

Listing Agent

Haven Realty Llc

Broker

mike@havenrealtypartners.com

Email

Affordability Calculator

$26,550
Per Month
99%
1%
0%
Monthly Principal & Interest
$26,168
Monthly Property Taxes
$383
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
742343 Elementary School
742618 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/3/2026$4,250,000 Listed Price

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199 W Broadway, Paterson, NJ, 07522 is a Commercial Property for sale at $4,250,000. The property's zip code is 07522 which is in Paterson, NJ